a new york woman shatters the record for world's oldest yoga teacher. good morning, everyone. i'm lynn berry. those stories and more are straight ahead had. this is "first look" on msnbc. and we're going to it begin this morning with "in the hot seat." jamie dimon faces stack holders today for the first time since admitting jpmorgan chase lost billions. nbc's tracie potts joins us from washington with the details on this. good morning. >> reporter: lynn, some analysts are saying that dimon is unlikely to lose his job because, despite what's going on with the company right now, he's been considered a near-genius on wall street and many investors won't want to navigate this without him. today jpmorgan chase ceo jamie

dimon faces shareholders for the fist time since admitting risky hedging led to a $2 billion loss. >> we're still going to earn a lot of money this quarter. it isn't like the company is jeopardized. >> reporter: but his job could be. on the agenda, whether to split the company's chair and ceo. right now dimon holds both. elizabeth warren, a massachusetts senate candidate, who designed the consumer financial protection bureau says dimon should give up his board seat at new york's federal reserve. >> this is about accountability. at some point you have to be accountable and you have to say, you don't get to be in a position of public trust when you engage in practices that you yourself describe as sloppy and stupid. >> reporter: the bank has lost over 12% of its value in just five days, but analysts say it will survive. >> it's 1/1,000th of this bank it's $2 billion. doesn't mean a thing.

they'll earn something like 15 billion tsdz to $20 billion this ye year. >> reporter: president obama emphasized this time taxpayers weren't left holding the bag. >> you could have a bank not as strong not as profitable making those same bets and we may have had to step in. >> reporter: the senate banking committee here on capitol hill were already looking into wall street reform, now adding jpmorgan chase to their agenda. >> last night on "the rachel maddow show," elizabeth warren told rachel, in her view, the jpmorgan chase fiasco shows there's still no real government control over risky practices at big banks. >> the problem now is that jpmorgan has had to admit that, wow, it really did take on a whole lot of risk and that it really got bitten by that risk.

but it still wants to hold off any form of regulation. so that's what it leaves us with. it leaves us in a situation where, what we know for sure, is there is no regulator really looking over the shoulder of these big financial institutions. there's no cop on the beat to say, wait a minute, you can't take those kinds of risks, especially if you plan to leave the american taxpayer holding the bag. that's just the world we live in right now. the banks are still in charge of their own risk practices, and that's dangerous for all of us. >> weeknights at 9:00 eastern, "the rachel maddow show" on msnbc. well, people are talking about the issue of same-sex marriage particularly since president obama's announcement that he now supports it. a "new york times"/cbs news poll found 67% of those surveyed thought the president made that decision mostly for political

decisions. only 24% said it was mostly because he thinks it is right. the poll also found 38% believe gay couples should be allowed to marry, 24% supported same-sex civil unions, and 33% say there should be no legal recognition. same-sex marriage is sure to remain a critical issue in 2012's race for the white house. brian mooar reports. >> reporter: at a campaign fund-raiser of gays and lesbians in new york, president obama described but didn't dwell on his thoughts about same-sex marriage. >> it doesn't weaken families. it strengthens marriage. >> reporter: it has everyone talking for a second straight week, a new battle front in the 2012 presidential race. "newsweek" has declared president obama the first "gay" president. over the weekend, mitt romney

delighted christian fundamentals at liberty university by defining marriage as -- >> the relationship between one man and one woman. >> reporter: romney seemed less than eager to reengage on the issue with the christian broadcasting network. >> how important it is to the important a few months from now time will tell, but my positions are i think out there for people to see and hopefully i'll be able to attract the support i need. >> reporter: the obama campaign is picking up the primary season attacks on romney and his time with bain capital. >> like a vampire, he came in and sucked the life out of us. >> reporter: team romney is firing back with an ad saying he and bain were job creators, not job killers. >> when i started we had close to 1400 employees, now over 6000. >> reporter: a primary season skirmish, now prime-time in the fight for the white house. brian mooar, nbc news, washington. here is your first look at some of of the other news in america today. in florida, police have arrested 31 men who thought they were

going to meet children for sexual enkournlts. instead, there were undercover officers waiting. police say it shows the battle against online predators is far from over. one of the suspects allegedly brought his own child to the home. in illinois, a school bus full of children slammed into the back of a big rig. the bus driver and a student were seriously hurt. ten other kids suffered minor injuries in the crash along interstate 55. the fifth and sixth it graders were headed back from a field trip to the state capitol. in georgia, this is fascina fascinating, a wallaby is being given treatment usually reserved for humans. eye chiropractor it hoping to save the animal. it's believed the wallaby got injured after running into a fence. it's being fitted with a brace. and, finally, also remarkable, in new york, a 93-year-old woman has been declared the world's oldest yoga

teacher/instructor by guinness book of world records. yeah, that's impressive. >> is that the plank? >> no. that's the plank on steroid. she's been teaching yoga for 61 years. she got interested at 8 years old. she saw a group of boys pefrmting it in her native india. that makes my head hurt. wow, that's unbelievable. now for a look at your national weather, we check in with nbc meteorologist bill karins who i guarantee probably can't even touch his toes. am i right? >> are my legs straight or bent? >> i imagine you're that guy like -- >> i can't tie my own shoes. >> really? >> share velcro. >> oh, right. good morning, everyone. rainy weather once again moving through the mid-atlantic. in d.c. and baltimore, heavy downpours, may even hear a clap of thunder or two. throughout the afternoon hours, we will see additional showers and storms popping up to the south. looks like a one-of two punch for the mid-atlantic, showers and storms this morning, may get

a break, even some smien, then more storms, justs a very humid air mass out there from the carolinas through virginia, all the way up into new england. just a light rain continues now all the way up through vermont, new hampshire and maine. let's focus on the worst. if you're triefing on i-905, north virginia around fredericksburg, this is pouring rain, red and orange is downpours, now pushing into the greater washington, d.c., area. if you're heading out in d.c., from now probably until about 6:30 or so, you're going to get caught in the middle of this. that means a very slow commute around the beltway and everywhere around d.c. baltimore, it looks like the heavier rains are out on 70. it looks like some of that will miss you up to the north so that's good. i think the rain to the south has another half hour to 45 minutes until the heavy stuff moves your way. if you're wondering about philadelphia, just some showers for you right now. new york city actually looks pretty good. i think you'll get through the heart of rush hour with minor wet weather. the heavier rains in new york should come midmorning to the noon hour. as far as the east goes, that's

kind of the worst of it. the rest of the country looks good, good thunderstorms last night drenched us in south texas, that's starting to improve. some of that is now pushing down through brownsville. just a little bit of rain there and then you'll clear out this afternoon. besides the wet weather in the east, picture-perfect, gorgeous conditions through so much of the country from the intermountain west to the west and midwest. sooner or later, lynn, all of that will make it to us on the east coast. just be patient. greece stirs toward the abyss. more best buy hanky-panky fallout. and is facebook a passing fancy? your "first look" at this morning's business headlines is straight ahead. coming up, a big loss for the miami heat, the thunder roll and another first for nats rookie bryce harper. you're watching "first look" on msnbc. [ male announcer ] they were born to climb...

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that's good morning, veggie style. hmmm. for half the calories plus veggie nutrition. could've had a v8.

welcome back to "first

look." i'm lynn berry. here are some of the top stories making news this morning. wildfires in arizona have threatened a small town and burned lots of brush. only 5% contained. at the perjury trial of legendary baseball pitcher roger clemens, the star witness brian mcna may testified that he injected clemens. a security supervisor at new jersey's newark airport for about 20 years has been arrested on identity theft. the illegal immigrant from nigeria used the name of a murder victim and passed years of airport background security checks. and a russian rocket lifted off today, headed for low-earth orbit. an american astronaut and two cosmonauts are abored the sigh

use rocket. the dow opens at 12,695 after dropping 125 points yesterday. the s&p fell 15, the nasdaq tumbled 31. taking a look overseas, in tokyo, the nikkei lost 73 points but in hong kong the hang seng added 159. well, an agreement between opposing political parties in greece is looking increasingly unlikely. more talks are scheduled today, the country's leftist leader vows to oppose any bailout. that has global investors worried greece could back out on its debt payment and drop the eurozone currency, driving up lending. that debt drama and the $2 billion blunder by jpmorgan helped push town the stocks. eurozone fears continue to spill over onto oil crisis, which fell

this morning. after the closing bell, groupon shot up after posting its quarterly profit. the stock already closed nearly 20% higher in regular trade. elsewhere, coty withdrew their offer to buy avon saying the deadline has past. best buy's founder is stepping down as chairman after an investigation revealed he knew the company's ceo was having a relationship with a female employee. yahoo! ticked 3% higher on the resignation of its ceo amid a resume padding scandal. chesapeake energy add ed some. ahead of facebook's ipo this week, the company will reportedly raise its price range from $28 to $35 per share to $34 to $38. and if you're skeptical

about the social network's staying power, you're apparently not alone. a new poll shows that half of americans think it facebook is just a passing fad. pretty long fad. coming up, the thunder drain the lakers, the nats slam the padres, and the heat lose one of their big three. plus, the rangers' goalie stone walls the devils in their first game in the playoff series. you're watching "first look" on msnbc. there's another way to help erase litter box odor. purina tidy cats. only tidy cats has new odor erasers... making it easy to keep things at home... just the way you want them. new tidy cats with odor erasers. with the bankamericard cash rewards credit card,

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welcome back to "first look." i'm lynn berry. in sports last night, the sixers fought off a late-game surge by the celtics tying their series at 1-1. here's nbc's fred roggin. >> good morning. the sixers are not your typical eighth seed after knocking out the shorthanded bulls, the philly has home field advantage from the celtics. celts up one, holiday from downtown and philly grabbed the lead with under two minutes to play. ray allen for three, got it. celts back on top. but the lead was short-lived. evan turner drove and got the tough of lay-up to fall. the youngsters got it done, held on to win 82-81. in a close game to an absolute blowout,ed thunder rolled the lakers, up 15 at the half, ran the lakers out of the building. oklahoma city dominated every facet of the game and humiliated l.a. by 29, 119-nintd. miami's big three is now

down to two. chris bosh is out indefinitely with an abdominal strain. he is expected to miss the rest of the series against the pacers. hockey, the goalies put on a show in game one of the eastern conference finals. devils had 21 shot and lundquist got every one of them. save of the night turned in by martin brodeur, a sprawling stop by the future hall of famer. doesn't get much better than that. dan girardi finally got something past brodeur in the third. 1-0 new york, add another goal late, an empty-netter. rangers win 3-0. had what were you doing when you were 19 years old? finishing your freshman year of college, working your first job? whatever it was, i'm sure it wasn't like this. the nationals bryce harper hit his first home run. the youngest player to go deep since andre beltran. did take time for the curtain

call, no doubt the first of many for the phenom. now for another look at the weather, here is nbc meteorologist bill karins. what were you doing at 19? >> i don't know. i just cringe. >> video games? >> at 19? yeah. >> frogger, attari? >> i think seg gs a hockey dominated my time. good morning, everyone. if you're in washington, d.c., the frederickburg area, a lot of heavy rain is sliding your way. if you possibly can, i know a lot of people don't have leeway on your morning routine, but if you can avoid the roads in d.c. over the next hour, try to do so. probably by about 7:00 it will start to clear out. right now, downpours are heading right over the top of d.c. and now baltimore is starting to get swallowed up too. further to the north, light rain and showers through central p.a. and all through upstate new york, vermont new hampshire and maine. not bad from boston to hartford to new york city. as far as the forecast, on-and-off downpours during the

day, very humid air mass. we will get breaks during the day, when it does rain, though, it will likely rain hard. chicago area also to milwaukee back to the quad cities, a chance for strong storms today with large hail. but that will be very scattered. >> bill, thanks. coming up, who's joins britney? who said no to the tanning mom? and why prince william is about to get millions? plus, at 68 he's ready to go live from new york. your first look at entertainment is straight ahead. you're watching "fifrpt lorst l msnbc. ors... and our communities... america's beverage companies have created a wide range of new choices. developing smaller portion sizes and more low- & no-calorie beverages... adding clear calorie labels so you know exactly what you're choosing... and in schools, replacing full-calorie soft drinks with lower-calorie options. with more choices and fewer calories, america's beverage companies are delivering.

and people. and the planes can seem the same so, it comes down to the people. because, bad weather the price of oil those are every airlines reality. and solutions won't come from

500 tons of metal and a paint job. they'll come from people. delta people. who made us one of the biggest airlines in the world. and then decided that wasn't enough.

hey, guys. some business news. this week investors will be able to buy shares of facebook stock

for the first time ever. it's great. now you can lose all your money in the same place you lost all your time. some celebrity news, kim kardashian and kanye west were spotted together at the lakers game on saturday. of course it got awkward, yeah, when the players were introducing kim as, like, dated him, dated him, married him, divorced him, had a crush on him. you guys, we have chef gordon ramsay on the show tonight! my man! i thought he burned something backstage, i saw smoke, but then i remembered we also have willie nelson on the show tonight. >> tonight, jimmy welcomes actress mariska hargatay, musical guest tenacious d, weeknights 12:35 a.m. on your local nbc station. now for bill's staifrtfavor

part, entertainment news. >> wait until you see the dress. >> you'll understand in a second. hollywood has a hard time coming up with original ideas. charlize theron and kristen stuart were -- >> that's the dress. the skeleton dress. >> bill says there's controversy around it. i don't really get it. but whatever. >> you have to see it. >> that's the world premiere of "snow white and the huntsman," the second big take of the fairest of them all. it opz here june 1st. simon cowell's "x factor" not only added britney spears but demi lovato is joining them. england's tabloids are buzzing, guessing what prince william will do with 10 million pounds he picks up next month from his mother's will. >> i think he'll donate some, what his had mom would do. after tmz reported tanning mom patricia krentcil was hoping

to do a nude shot. playboy let everybody know it would, quote, never happen. finally, mick jagger is hosting "saturday night live's" season finale, but no reunion with rolling stones. keith richards said, quote, he's on his own. >> everyone thought maybe, end of the season, there's rumor they were going to do a possible tour. >> not so much. can't always get what you want, bill. get it? i'm lynn berry. "first look" on msnbc. stay tuned. "way too early" is next. president obama and mitt romney go head-to-head out in the open on the core question of what capitalism is. with the obama campaign accusing romney of being a mean corporate raider during his time at bain capital. and romney responding that the president simply doesn't understand the way the american economy works. the question is, which of those two viewpoints will prevail upon

the independent voters who will decide the election? meanwhile, serious economic questions this morning from wall street to athens, as jamie dimon addresses his shareholders amid reports he ignored warnings about risky trading at jpmorgan chaisz. and grooesz considering as we speak its place in europe. the question is, could greece really leave the eurozone? we'll have a live report from london. an nba matchup we've been salivating over. the thunder and the lakers, durant and bryant. who got the best of the showdown in oklahoma city? it's "way too early" for this. good morning. i'm willie geist, and this is "way too early," the show that always gets the better of the infomercials we're up against at this hourp. except for the damn slop chop, dices chops and minces in seconds. i'm glad you're up w